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global bull & bear
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


AFK 10%BRZU 10%CHAU 10%DPST 10%EDC 10%EDZ 10%ERX 10%ERY 10%DRN 10%DRV 10%EquityEquityReal EstateReal Estate
PositionCategory/SectorWeight
AFK
VanEck Vectors Africa Index ETF
Foreign Large Cap Equities

10%

BRZU
Direxion Daily Brazil Bull 2X Shares
Leveraged Equities, Leveraged

10%

CHAU
Direxion Daily CSI 300 China A Share Bull 2x Shares
Leveraged Equities, Leveraged, China Equities

10%

DPST
Direxion Daily Regional Banks Bull 3X Shares
Leveraged Equities, Leveraged

10%

DRN
Direxion Daily Real Estate Bull 3x Shares
REIT, Leveraged

10%

DRV
Direxion Daily Real Estate Bear 3x Shares
REIT, Leveraged

10%

EDC
Direxion Daily Emerging Markets Bull 3X Shares
Leveraged Equities, Leveraged

10%

EDZ
Direxion Daily Emerging Markets Bear 3X Shares
Leveraged Equities, Leveraged

10%

ERX
Direxion Daily Energy Bull 2X Shares
Leveraged Equities, Leveraged

10%

ERY
Direxion Daily Energy Bear 2X Shares
Leveraged Equities, Leveraged

10%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in global bull & bear, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly


0.00%50.00%100.00%150.00%NovemberDecember2024FebruaryMarchApril
19.85%
138.85%
global bull & bear
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Aug 19, 2015, corresponding to the inception date of DPST

Returns By Period


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
4.14%-4.93%17.59%20.28%11.33%10.22%
global bull & bear-5.00%-1.14%12.05%4.16%0.50%N/A
AFK
VanEck Vectors Africa Index ETF
6.16%2.66%7.73%-5.46%-4.27%-4.63%
BRZU
Direxion Daily Brazil Bull 2X Shares
-25.06%-9.28%7.34%23.90%-37.85%-35.81%
CHAU
Direxion Daily CSI 300 China A Share Bull 2x Shares
0.69%0.72%1.38%-32.24%-10.28%N/A
DPST
Direxion Daily Regional Banks Bull 3X Shares
-32.71%-9.70%51.83%-5.81%-40.88%N/A
DRN
Direxion Daily Real Estate Bull 3x Shares
-31.34%-21.68%22.58%-20.21%-18.53%-3.91%
DRV
Direxion Daily Real Estate Bear 3x Shares
36.62%23.87%-29.85%-1.55%-32.90%-31.47%
EDC
Direxion Daily Emerging Markets Bull 3X Shares
-9.65%-9.46%21.32%-6.19%-19.73%-12.22%
EDZ
Direxion Daily Emerging Markets Bear 3X Shares
7.65%9.95%-21.73%-6.51%-20.83%-23.73%
ERX
Direxion Daily Energy Bull 2X Shares
27.01%5.05%9.49%20.61%-20.34%-22.38%
ERY
Direxion Daily Energy Bear 2X Shares
-21.57%-4.60%-10.01%-22.38%-42.20%-29.90%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-4.45%-0.33%1.99%
2023-1.76%-4.18%7.13%10.07%

Expense Ratio

The global bull & bear has a high expense ratio of 1.09%, indicating higher-than-average management fees. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


0.50%1.00%1.50%2.00%1.33%
0.50%1.00%1.50%2.00%1.29%
0.50%1.00%1.50%2.00%1.09%
0.50%1.00%1.50%2.00%1.08%
0.50%1.00%1.50%2.00%1.07%
0.50%1.00%1.50%2.00%0.99%
0.50%1.00%1.50%2.00%0.78%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


global bull & bear
Sharpe ratio
The chart of Sharpe ratio for global bull & bear, currently valued at 0.16, compared to the broader market-1.000.001.002.003.004.000.16
Sortino ratio
The chart of Sortino ratio for global bull & bear, currently valued at 0.36, compared to the broader market-2.000.002.004.006.000.36
Omega ratio
The chart of Omega ratio for global bull & bear, currently valued at 1.04, compared to the broader market0.801.001.201.401.601.801.04
Calmar ratio
The chart of Calmar ratio for global bull & bear, currently valued at 0.07, compared to the broader market0.002.004.006.008.000.07
Martin ratio
The chart of Martin ratio for global bull & bear, currently valued at 0.39, compared to the broader market0.0010.0020.0030.0040.000.39
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.66, compared to the broader market-1.000.001.002.003.004.001.66
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.44, compared to the broader market-2.000.002.004.006.002.44
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.29, compared to the broader market0.801.001.201.401.601.801.29
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.27, compared to the broader market0.002.004.006.008.001.27
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 6.65, compared to the broader market0.0010.0020.0030.0040.006.65

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
AFK
VanEck Vectors Africa Index ETF
-0.33-0.320.96-0.16-0.64
BRZU
Direxion Daily Brazil Bull 2X Shares
0.521.021.120.241.68
CHAU
Direxion Daily CSI 300 China A Share Bull 2x Shares
-0.99-1.500.84-0.45-1.19
DPST
Direxion Daily Regional Banks Bull 3X Shares
-0.140.521.06-0.15-0.50
DRN
Direxion Daily Real Estate Bull 3x Shares
-0.41-0.270.97-0.27-1.15
DRV
Direxion Daily Real Estate Bear 3x Shares
0.030.431.050.020.05
EDC
Direxion Daily Emerging Markets Bull 3X Shares
-0.200.021.00-0.10-0.46
EDZ
Direxion Daily Emerging Markets Bear 3X Shares
-0.070.211.02-0.03-0.17
ERX
Direxion Daily Energy Bull 2X Shares
0.440.861.100.191.19
ERY
Direxion Daily Energy Bear 2X Shares
-0.52-0.550.94-0.20-0.89

Sharpe Ratio

The current global bull & bear Sharpe ratio is 0.16. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

-1.000.001.002.003.004.000.16

The Sharpe ratio of global bull & bear is in the bottom 25%, suggesting that this portfolio isn't performing as well in terms of risk-adjusted returns compared to many others. This could be due to lower returns, higher volatility, or both. It might be an indication that the portfolio needs fine-tuning.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2024FebruaryMarchApril
0.16
1.66
global bull & bear
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

global bull & bear granted a 3.73% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
global bull & bear3.73%3.46%1.62%1.93%1.22%1.92%1.44%0.50%0.27%0.22%0.29%0.29%
AFK
VanEck Vectors Africa Index ETF
2.14%2.27%3.59%4.17%3.91%6.34%1.71%1.99%2.67%2.16%2.92%2.68%
BRZU
Direxion Daily Brazil Bull 2X Shares
4.60%3.24%4.70%6.29%0.78%0.95%1.04%0.73%0.00%0.00%0.00%0.19%
CHAU
Direxion Daily CSI 300 China A Share Bull 2x Shares
3.58%3.97%0.77%1.73%0.09%0.58%0.83%0.00%0.00%0.00%0.00%0.00%
DPST
Direxion Daily Regional Banks Bull 3X Shares
2.96%1.78%1.51%0.58%0.90%1.29%2.18%0.30%0.00%0.00%0.00%0.00%
DRN
Direxion Daily Real Estate Bull 3x Shares
3.43%2.84%2.70%4.21%1.90%2.59%3.11%0.91%0.00%0.00%0.00%0.00%
DRV
Direxion Daily Real Estate Bear 3x Shares
3.83%5.35%0.38%0.00%0.58%1.71%0.42%0.00%0.00%0.00%0.00%0.00%
EDC
Direxion Daily Emerging Markets Bull 3X Shares
4.45%3.54%0.00%0.18%0.44%0.97%0.78%0.25%0.00%0.00%0.00%0.00%
EDZ
Direxion Daily Emerging Markets Bear 3X Shares
4.34%4.34%0.00%0.00%0.82%1.67%0.68%0.00%0.00%0.00%0.00%0.00%
ERX
Direxion Daily Energy Bull 2X Shares
2.53%3.17%2.23%2.16%2.35%1.56%3.10%0.85%0.00%0.00%0.00%0.00%
ERY
Direxion Daily Energy Bear 2X Shares
5.41%4.14%0.32%0.00%0.43%1.50%0.56%0.00%0.00%0.00%0.00%0.00%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2024FebruaryMarchApril
-28.56%
-5.46%
global bull & bear
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the global bull & bear. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the global bull & bear was 47.47%, occurring on May 13, 2020. The portfolio has not yet recovered.

The current global bull & bear drawdown is 28.56%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-47.47%Mar 19, 202039May 13, 2020
-24.88%Nov 9, 201553Jan 26, 2016221Dec 8, 2016274
-23.88%Jan 29, 2018219Dec 10, 2018315Mar 12, 2020534
-15.34%Mar 13, 20201Mar 13, 20201Mar 16, 20202
-12.65%Aug 20, 201527Sep 28, 201528Nov 5, 201555

Volatility

Volatility Chart

The current global bull & bear volatility is 3.56%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%NovemberDecember2024FebruaryMarchApril
3.56%
3.15%
global bull & bear
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

CHAUDPSTDRNDRVBRZUAFKERXERYEDCEDZ
CHAU1.000.270.24-0.240.340.440.33-0.330.68-0.68
DPST0.271.000.39-0.390.320.350.51-0.510.42-0.42
DRN0.240.391.00-0.990.320.340.31-0.310.42-0.42
DRV-0.24-0.39-0.991.00-0.32-0.34-0.310.31-0.420.42
BRZU0.340.320.32-0.321.000.470.43-0.430.63-0.63
AFK0.440.350.34-0.340.471.000.46-0.460.65-0.65
ERX0.330.510.31-0.310.430.461.00-1.000.49-0.49
ERY-0.33-0.51-0.310.31-0.43-0.46-1.001.00-0.490.49
EDC0.680.420.42-0.420.630.650.49-0.491.00-1.00
EDZ-0.68-0.42-0.420.42-0.63-0.65-0.490.49-1.001.00